Citi analyst Richard Gardner reported Cook reiterating his comment, originally made during the quarterly earnings conference call, that the market for tablets would eventually grow larger than the conventional PC market.

Apple doesn't refer to iPad as a PC, but as a "post-PC device," leaving the ARM-based tablet distinct from the company's Intel-based Macs. Gardner further indicated the meeting dispelled the notion that Apple might introduce ARM-based Macs, countering rumors that a new MacBook Air featuring an ARM processor might appear sometime soon.

Gardner cited Cook as alluding to "rapid innovation on the iOS platform" that will "significantly broaden the use case for tablets," and stated he "walked away from this meeting with the impression that Apple feels iPad satisfies—or will soon satisfy—the needs of those who might have been interested in such a product" as an ARM-based MacBook Air.